Miller Opportunity Trust Fund Manager Performance Evaluation
| LMNOX Fund | USD 43.89 0.36 0.81% |
The fund secures a Beta (Market Risk) of -0.0413, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Miller Opportunity are expected to decrease at a much lower rate. During the bear market, Miller Opportunity is likely to outperform the market.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Miller Opportunity Trust are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Miller Opportunity showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of April 2023 | |
| Expense Ratio | 1.8500 |
MILLER |
Miller Opportunity Relative Risk vs. Return Landscape
If you would invest 3,763 in Miller Opportunity Trust on August 29, 2024 and sell it today you would earn a total of 626.00 from holding Miller Opportunity Trust or generate 16.64% return on investment over 90 days. Miller Opportunity Trust is currently producing 0.2476% returns and takes up 1.1805% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than MILLER, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Miller Opportunity Current Valuation
Overvalued
Today
Please note that Miller Opportunity's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Miller Opportunity Trust secures a last-minute Real Value of $39.35 per share. The latest price of the fund is $43.89. We determine the value of Miller Opportunity Trust from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Miller Opportunity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MILLER Mutual Fund. However, Miller Opportunity's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 43.89 | Real 39.35 | Hype 43.89 | Naive 43.52 |
The intrinsic value of Miller Opportunity's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Miller Opportunity's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Miller Opportunity Trust helps investors to forecast how MILLER mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Miller Opportunity more accurately as focusing exclusively on Miller Opportunity's fundamentals will not take into account other important factors: Miller Opportunity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Miller Opportunity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Miller Opportunity Trust, and traders can use it to determine the average amount a Miller Opportunity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2097
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LMNOX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Miller Opportunity is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Miller Opportunity by adding it to a well-diversified portfolio.
Miller Opportunity Fundamentals Growth
MILLER Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Miller Opportunity, and Miller Opportunity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MILLER Mutual Fund performance.
| Price To Earning | 8.51 X | |||
| Price To Book | 1.03 X | |||
| Price To Sales | 0.78 X | |||
| Total Asset | 556.11 M | |||
About Miller Opportunity Performance
Evaluating Miller Opportunity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Miller Opportunity has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Miller Opportunity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally makes investments that, in the portfolio managers opinion, offer the opportunity for long-term growth of capital. Miller Opportunity is traded on NASDAQ Exchange in the United States.Things to note about Miller Opportunity Trust performance evaluation
Checking the ongoing alerts about Miller Opportunity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Miller Opportunity Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Miller Opportunity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Miller Opportunity's mutual fund performance include:- Analyzing Miller Opportunity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Miller Opportunity's stock is overvalued or undervalued compared to its peers.
- Examining Miller Opportunity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Miller Opportunity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Miller Opportunity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Miller Opportunity's mutual fund. These opinions can provide insight into Miller Opportunity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in MILLER Mutual Fund
Miller Opportunity financial ratios help investors to determine whether MILLER Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MILLER with respect to the benefits of owning Miller Opportunity security.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |